The Kerala government has set a strict timeline for processing business proposals from the Invest Kerala Global Summit (IKGS 2025). Industries Minister P Rajeeve announced that all Expressions of Interest (EoIs) would be evaluated within two weeks.
A review committee, led by the Chief Secretary, will oversee project approvals with coordination from relevant departments. KSIDC will handle large-scale projects over ₹50 crore, while the Industries Directorate will manage MSME proposals under ₹50 crore. IT-related projects will be taken up by the IT department.
A dedicated KSIDC team will categorize similar proposals into seven sectors, each monitored by a team of seven officers and sector experts. The initial phase aims to appoint 12 experts.
An online dashboard will track project progress, with biweekly reviews by the Principal Secretary and monthly assessments by the Minister. Policy updates related to the Industries Department will be published within two months.
To streamline land allocation for industries, a new portal will provide details of available private and government land. This will help connect landowners with potential investors.
IKGS 2025 has received 372 EoIs worth ₹1.52 lakh crore, with more expected. In two weeks, the government will meet with industry and trade associations to discuss project implementation. The Invest Kerala website will soon upload session summaries and full video discussions.
Key officials, including Principal Secretary (Industries) APM Mohammed Hanish, KSIDC MD S Harikishore, and K-BIP CEO Suraj S Nair, were present at the media briefing.
